Why do I receive a contract note whenever I trade/invest?
A Contract Note is an official trade confirmation sent by FYERS every time you execute a trade or investment. It provides a legally recognized summary of all executed transactions and serves as a key document for record-keeping, verification, and compliance.
Why is a Contract Note important?
The Contract Note ensures transparency and protects your interests by documenting the details of every executed order. It’s issued as per regulatory guidelines and includes the following:
Key purposes:
- Proof of Trade: Lists all trades done during the day, with security name, quantity, price, and time.
- Charges Breakdown: Shows detailed fees including brokerage, STT/CTT, GST, SEBI charges, and stamp duty.
- Legal Agreement: Serves as a formal and binding confirmation of your trade between you and FYERS.
- Regulatory Requirement: Mandated by SEBI and exchanges to promote fairness and transparency in trading.
What details are included?
- Order and trade time stamps
- Exchange and scrip codes
- Buy/Sell indicator
- Quantity and execution price
- Net amount payable or receivable
- Brokerage and statutory charges
What If...
Scenario | Explanation |
---|
I don’t receive a Contract Note | Check your registered email or spam folder. |
I find errors in my Contract Note | Contact FYERS Support immediately for clarification and resolution. |
I want it for my tax records | Contract Notes are valid legal proof for income tax and capital gains reporting. |
Review your Contract Notes regularly. They help you track your trades, verify charges, and maintain compliance for tax filing and auditing purposes.
Last updated: 28 Jun 2025
Related Articles
Why didn't I receive my contract note?
Contract notes are typically emailed to your registered email address within 24 hours of market close. They serve as a confirmation of trades executed on your behalf each trading day and are generated based on final data received from the exchange. ...
What is a Contract Note?
A Contract Note—also referred to as an Electronic Contract Note (ECN)—is a legally binding document issued by FYERS that confirms all trades executed on your behalf on a given trading day. It provides complete transparency and serves as an official ...
Why do I get an SMS and email from NSE/BSE/MCX when I trade?
When you place and execute a trade on FYERS, the respective exchange—NSE, BSE, or MCX—sends you a confirmation via SMS and email. These notifications are part of regulatory compliance and serve to ensure transparency and investor protection. Purpose ...
Which scrips can I trade or invest in Fyers platforms?
FYERS allows you to trade and invest across a wide range of securities listed on NSE and BSE. However, the tradability of a scrip depends on the exchange series it belongs to. Some series are enabled for trading, while others are restricted due to ...
What's the difference between an underlying asset and a derivative contract in trading?
Understanding the difference between an underlying asset and a derivative contract is essential for any trader or investor participating in F&O markets. One provides the value; the other is an agreement based on it. What is an underlying asset? The ...